Suppose that your demand schedule for Rooh-Afza Drink is as follows: PRICE (In Rs.) Quantity Demanded
(Income = Rs.10,000)

Quantity Demanded
(Income = Rs.12,000)
8 40 50
10 32 45
12 24 30
14 16 20
16 8 12

Use midpoint method to calculate your price elasticity of demand as the price of Rooh-
Afza increases from Rs.8 to Rs. 10

a. When your income is Rs. 10,000
b. When your income is Rs. 12,000
b) Calculate your income elasticity of demand
a. If price is Rs. 12
b. If price is Rs. 16

Acompany manufactures hair dryers. it buys some of the components, but it makes the heating element, which it can produce at the rate of 920 per day. hair dryers are assembled daily, 250 days a year, at a rate of 360 per day. because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,300 units. a. approximately how many batches of heating elements are produced annually? b. if production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 4 days later? c. what is the average inventory of elements, assuming each production cycle begins when there are none on hand?

Why should organizations be allowed to promote offensive, violent, sexual, or unhealthy products that can be legally sold and purchased?

Using the exxon data as an example what would be the market capitalization of penny's pickles if each share is selling for $175.35?